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Regatta Lake, Lot 4/4-6 Innovation Parkway, Birtinya, QLD, 4575

Properties / Buy / Queensland / Birtinya

Tenanted Investment

1. Property Summary

Selling Method

For Sale

Selling Details

Offered for immediate sale $2,599,000

Land Area

626 m² (*approx)

Floor Area

571 sqm (*approx)

Property Type

Offices

Terms

Fenwick Collective - 5 year lease to end September 2027. AWX - 3 x 3 year lease

Est. Income

$193,000 p/a

Fully Leased

Fenwick Collective and AWX

Car Spaces

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2. Property Highlights

ATTRACTIVE 7.4%+ NET RETURN - FULLY LEASED SUNSHINE COAST INVESTMENT

$193,000* Per Annum Net Income
571sq m* NLA, 19 car parks
2 Quality Tenants, Exceptional Fitouts

- Modern centrally located office building, full floor plate, top floor with uninterrupted Lake Kawana water views / north-easterly aspect, high growth location

- Lot 4 offers three separate tenancies with two quality tenants over 571sq m* NLA (nett lettable area) 626sq m* GLA

- 19 car parks total exclusive use on site at rear, high end functional fitouts, balconies to each tenancy

- Tenancy 1 and 2 combined leased to Fenwick Collective (Accountants) 292sq m*, 5 year lease to end September 2027 (plus 3 year option), current income $103,000* per annum

- Tenancy 3 leased to AWX, 279sq m*, 3 x 3 year lease current income $95,000* per annum

- Net annual income $193,000* (after non-recoverable outgoings)

- Strong lease expiry

- Located within 1* kilometre of Sunshine Coast University Hospital and Ramsay Private Hospital (900+ beds) and adjacent Health Hub precinct

- Commercial lift access, signage, common area M&F toilet facilities/shower on floor, end of trip facilities, security tag access

- Close proximity to cafes, child care services and fitness centres, parks, bikeways and lake, public transport directly in front of building

(*Approx.)

Property Type

Offices

Est. Income

$193,000 p/a

Number Of Tenants

Tenant

Fenwick Collective and AWX

Terms

Fenwick Collective - 5 year lease to end September 2027. AWX - 3 x 3 year lease

Land Area

626 m² (*approx)

Floor Area

571 sqm (*approx)

Car Spaces

Selling Method

For Sale

Selling Details

Offered for immediate sale $2,599,000

2. Property Highlights

ATTRACTIVE 7.4%+ NET RETURN - FULLY LEASED SUNSHINE COAST INVESTMENT

$193,000* Per Annum Net Income
571sq m* NLA, 19 car parks
2 Quality Tenants, Exceptional Fitouts

- Modern centrally located office building, full floor plate, top floor with uninterrupted Lake Kawana water views / north-easterly aspect, high growth location

- Lot 4 offers three separate tenancies with two quality tenants over 571sq m* NLA (nett lettable area) 626sq m* GLA

- 19 car parks total exclusive use on site at rear, high end functional fitouts, balconies to each tenancy

- Tenancy 1 and 2 combined leased to Fenwick Collective (Accountants) 292sq m*, 5 year lease to end September 2027 (plus 3 year option), current income $103,000* per annum

- Tenancy 3 leased to AWX, 279sq m*, 3 x 3 year lease current income $95,000* per annum

- Net annual income $193,000* (after non-recoverable outgoings)

- Strong lease expiry

- Located within 1* kilometre of Sunshine Coast University Hospital and Ramsay Private Hospital (900+ beds) and adjacent Health Hub precinct

- Commercial lift access, signage, common area M&F toilet facilities/shower on floor, end of trip facilities, security tag access

- Close proximity to cafes, child care services and fitness centres, parks, bikeways and lake, public transport directly in front of building

(*Approx.)

Regatta Lake, Lot 4/4-6 Innovation Parkway, Birtinya, QLD, 4575 Birtinya

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Savills - Sunshine Coast

Level 5, 26 Duporth Avenue, Maroochydore QLD 4558

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Jason O'Meara

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Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

Regatta Lake, Lot 4/4-6 Innovation Parkway, Birtinya, QLD, 4575